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294 Wellman Ave

Chelmsford, MA 01863

2 bd 2 ba 1,333 sqft Built 1985 condos
Most recent sale
$374,900
Dec 23, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 23, 2021 Sold $374,900 MLS #72919852
Nov 13, 2021 Listed $374,900 MLS #72919852
Dec 28, 2012 Listing removed $1,600 MLSPIN
Dec 4, 2012 Price changed for rent $1,600 MLSPIN
Nov 21, 2012 Price changed for rent $1,650 MLSPIN
Oct 28, 2012 Listed for rent $1,700 MLSPIN
Aug 20, 2004 Sold $265,000 MLS #70053823
Jun 23, 2004 Listed $269,900 MLS #70053823

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $414,200 $414,200 $5,757
2024 $386,900 $386,900 $5,270
2023 $372,200 $372,200 $5,349
2022 $283,900 $283,900 $4,477
2021 $269,300 $269,300 $4,239
2020 $274,000 $274,000 $4,507
2019 $255,300 $255,300 $4,174
2018 $226,400 $226,400 $4,066
2017 $213,800 $213,800 $3,831
2016 $196,200 $196,200 $3,537
2015 $192,300 $192,300 $3,596
2014 $188,600 $188,600 $3,580
2006 $242,700 $242,700 $3,184
2005 $221,900 $221,900 $2,993
2004 $199,500 $2,619
2003 $176,400 $176,400 $2,478

Property facts

Year built
1985
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,333 sqft
Lot size
ZIP code
01863
City
Chelmsford
Street
Wellman Ave
Coordinates
42.64791, -71.38763

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,866
Gross rental yield
12.37%
Implied cap rate
8.04%
Trend-extrapolated value

Frequently asked questions

When did 294 Wellman Ave last sell?
294 Wellman Ave most recently sold on Dec 23, 2021 for $374,900.
What is the current tax assessment for 294 Wellman Ave?
The most recent total assessment for 294 Wellman Ave (year 2025) is $414,200 with $5,757 in property tax.
How does 294 Wellman Ave's assessment compare to its last sale price?
The current assessment is 10.5% above the last sale price of $374,900.
When was 294 Wellman Ave built?
294 Wellman Ave was built in 1985.
How does 294 Wellman Ave compare to others on Wellman Ave?
We track 8 other properties on Wellman Ave. Browse the list under "Other properties on Wellman Ave" to compare beds, baths, and sale history.
What are the property facts for 294 Wellman Ave?
294 Wellman Ave is a 2 bed, 2 bath, 1,333 sqft condos.
Is 294 Wellman Ave a flip candidate?
No — 294 Wellman Ave does not appear in our flips dataset.
Is 294 Wellman Ave a tax-appeal candidate?
No — 294 Wellman Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.2%
Implied 1-yr
+0.8%
2026 Q3
$740.4K
2026 Q4
$740.4K
ZIP 01863 — Median Price History + Forecast

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